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PLA - Platinum Australia

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The former trend line support is now acting as resistance.

GP
 

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GreatPig said:
The former trend line support is now acting as resistance.

GP
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I think I totaly understand what your saying but is there any chance you can explian in more detail. Please.

So what you are suggesting is that PLA is slowly falling. You may well be right? Although I still think despite recent charactoristics PLA is certianly on top of its game. As your chart also shows PLA is rising & with fundermental information givin to me from Platinum Aust (paydirt) etc, I see PLA moving in accordance approx 40% gain. But certianly would aggree that PLA is also a touch fradgile but should continue to rise. For me my only concern is that if PLA doesn,t reach my mid september dead line & profit around 70%. I will be terribly disapionted and sorry to see PLA go.
 
Just meant the price had risen back to the trend line and then turned down.

However, it appears to have broken through now.

Cheers,
GP
 

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Pla got a mention in the sydney morning herald.......yes it's my cat.

hope it helps the share price!

go to smh.com ........business ..........cbd ......... pussy picks daytrader specs
 
Hows doing pacer, tryed looking up this juicy artical you are talking about @www.smh.com/ but found a health service instead. I'm just wondering if you could enlightin me on the correct URL cause I wouldn't mind a sticky peek at the pussy collum.

Thankx :) stocky....
 
Can't help but notice pla has been hoving around the 90cents mark for sum time now. I wonder if its a sign of thing to cum, and that my prediction will go as planned leading up to september. Looking at sum charts and other charactoristics, I think now may be a good time to buy as pla has been boiling away just nicely. I sense sum good movement this time?
 
had a look into PLA's target close, crossing exspenitary and simple averages & the best I could come up with was just under 2$ about 1.80. If you are a investor in PLA as I might be if the semptember fundermendals go as planned. You may notice that its holding steady, sitting on a bearish belt, the mass index is slowly falling away. But I still feel that with any luck, maybe mid september it may rech 2$ and murge from there, 'see what happens' if it happens.
 
StockyBailx said:
maybe mid september it may rech 2$
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More than double in about two weeks???

I'd love some water from that well of optimism you're using! :D

Cheers,
GP
 
GreatPig said:
More than double in about two weeks???

I'd love some water from that well of optimism you're using! :D

Cheers,
GP
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Ive got to aggree with you GP, I think you would love to have a drink from my well of optimism. I'm sorry to say, that I've drunk it almost dry & thiers not enough left to share around. But I'm more than happy to share this cup with you.
After me little well profit tested PLA using CPMA MACD valued indicators it finds that PLA over the 2 year period 10,000$ Investment & exit alerts along the way PLA made 170.70% compound profit 98.97% flat profit & 70% winning trade. (CPMA) If It wasn,t to sell along the way, 'you could probaly triple those percentages? Plus profit testing PLA over a 2 mounth period (recent) using multiple valued indicators (MACD) respectivly finds PLA with 100% winning trade since july 19, & 52.02% compound & flat profit. Which I'd exspect to increase?

I guess what my little well is trying to say, is that PLA is a meatie well compacted stock, that lacks buyers. IF the volume spike were to increase I'm quite sure PLA will expand quite dramaticaly. As for my double in weeks. WELL maybe a bit far fetched? The way I see it is, if PLA was to expand its imports with the Smokey Hill or Kapalates projects. Which either one it may be to a exporting increase of 30% (40-70%) & buyers were to acknowledge these fundermental changes, (if they happen) PLA will most certianly double in price in a very short period of time.

What do ya think GP taste any good? OR yer if you throw it back in the well it means bad luck. If any of this is wrong you will be purafyed from all sins.
All the Best.
 
Evening Viewers,

__Well what can I say but sorry to hear about it? Learn something new every day I quess, I really had strong confidance in PLA rising an extra 40% since the 11th of September. But it seems it takes more than prospecting rights to increase the price of this baby. As it seems PLA has done nothin but lose in averages from all directions since that date. Still got a lot of respect for PLA it has done well to get to were it is, and should hold its head up high, for holding steady for so long. Considering, it was udervalued all the way and could of done better with added investing supports.:2twocents
Now we can just wait for the big find at Smokey Hill. if anyone is interested in this one like Iam. And you think you can make better sence of it all than me, I strongly recommend you go to there user friendly Web page www.platinumaus.com.au/ :D

Take a good look at these sites, being were I got my information from, www.gtp.com.au/platinumaus/inews_files/pla23marcho6std8.pdf tell if you think I was right in exspecting exceptional things from PLA.
These next two are there lastest anouncements, that I thought would show more promise :confused: www.gtp.com.au/platinumaus/inews_files/ASX0674JDL_110906.pdf
www.gpt.com.au/platinumaus/inews_files/ASX0675JDL_110906.pdf

O'h well, watch out for the boogy man around the corner! :eek:
 
StockyB,

have been following PLA when Fat Prophets made a recommendation at about $0.50 ish. And instead of following paid advice, I hopped onto a 'ramped' stock instead :banghead: ... anyway, enough of my story. A few questions thot you might be able to clarify:

1. what are the main uses of platinum?
2. are they many other platinum explorers & producers? what i'm asking is, how are PL competitiors doing?
3. any reason why the sharp increase in SP recently? i'm considering to buy into during the retrace. :eek:

thanks in advance.
 
kerosam said:
1. what are the main uses of platinum?
2. are they many other platinum explorers & producers? what i'm asking is, how are PL competitiors doing?
3. any reason why the sharp increase in SP recently? i'm considering to buy into during the retrace. :eek:

thanks in advance.
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1. The main use is in catalytic converters etc. But it is also used for other technologies to do with emission control;
For high tec medical equipment;
and Jewelry.
I could be wrong, need confirmation, that other metals found in platinum ore bodies, such as rhodium and iridium are used for high tec TV and computer screens, as well as hard drives.

2. Magma Metals (MMB)
Pan Palladium (PPD)
Aquarius Platinum (AQP)
Platinum Australia (PLA)

The former two are explorers. The latter two are producers, well PLA will be quite active beginning next year. And the latter two SP graphs look rather similiar in their percentage shifts.

3. US auto producers looking seriously at less polluting cars, having a real impact? A new platinum price spike. Higher sales of efficient cars from Europe and Japan? Possible factors?

The supply/ demand balance should even up sometime in 2008, but with continual demand for emission control technology, platinum stocks are a long term hold for me.
 
pacer said:
Pla got a mention in the sydney morning herald.......yes it's my cat.

hope it helps the share price!

go to smh.com ........business ..........cbd ......... pussy picks daytrader specs
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That is one of the funniest reads I've had in a while. You certainly are a character.

"THINGS could be worse. You could be a daytrader." This was posted by "pacer69" on the HotCopper website under the subject line "My cat picks all my shares" and stock code PLA (Platinum Australia Ltd): "I put 100 speccies on to the floor and let my moggy, Felix, pick 5 … this was one of them, so far he is doing better than me, so I might just leave it up to him from now on as he has a better understanding of the markets in speccies than I do.

"He likes NMS [Neptune Marine Services] and INL [Intec] and NWR [Northwest Resources] and GOA [Gold Aura] as well … we'll see how he goes. He picked AND [Andean Resources] at 9c the day before it took off and made a fortune … he eats real good I can tell you."
 
I must be thinking like the cat, had the NWR options until very recently, and have since gone into INL.....
Have held PLA for 2 years now, waiting on drilling results at Kalplats for the next leg up.....seeing this current drifting stage similar to the drifting earlier in the year after hitting $1.14 on May 10...looking for $1.70-$1.80 by March, $3 within 12-18months.
 
This looks like a good chance for me to get back on board with this one. I made a note to myself last year that PLA starts mining this year, is this still the case? I've been looking thru the ann's & can't find a mention, don't know where I got that info originally! :confused:
 
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